Visualizing America’s $1.7 Trillion Insurance Industry
This graphic, via Visual Capitalist’s Marcus Lu, breaks down the total market capitalization of America’s insurance industry, using data from Companiesmarketcap.com.
As of Jan. 7, 2025, UnitedHealth Group is the country’s most valuable insurance company, with a market cap of $473 billion.
Data and Key Takeaways
The data we used to create this graphic is listed in the table below. Note that this ranking includes publicly traded companies only.
| Rank | Name | Market Cap |
|---|---|---|
| 1 | UnitedHealth | $473,256,000,000 |
| 2 | Progressive | $141,930,000,000 |
| 3 | Marsh McLennan | $103,126,000,000 |
| 4 | Elevance Health | $88,304,689,152 |
| 5 | Cigna | $77,863,362,560 |
| 6 | Gallagher | $69,887,385,600 |
| 7 | MetLife | $56,875,376,640 |
| 8 | Travelers | $54,865,952,768 |
| 9 | Allstate | $49,263,951,872 |
| 10 | AIG | $45,279,391,744 |
| 11 | Prudential | $42,419,859,456 |
| 12 | Humana | $32,175,022,080 |
| 13 | Centene | $31,609,597,952 |
| 14 | The Hartford | $31,603,916,800 |
| 15 | Brown & Brown | $28,901,777,408 |
| 16 | Cincinnati Financial | $22,245,187,584 |
| 17 | Markel | $21,944,627,200 |
| 18 | Berkley | $21,911,468,032 |
| 19 | Erie Insurance | $21,034,135,552 |
| 20 | Principal | $17,909,245,952 |
| 21 | Corebridge Financial | $17,674,076,160 |
| 22 | Molina Healthcare | $16,958,656,512 |
| 23 | Fidelity National Financial | $15,400,402,944 |
| 24 | Equitable | $15,387,979,776 |
| 25 | RGA | $14,604,749,824 |
| 26 | Unum | $13,398,243,328 |
| 27 | CNA | $12,846,034,944 |
| 28 | U-Haul | $12,048,060,416 |
| 29 | AFG | $11,094,878,208 |
| 30 | Assurant | $10,616,492,032 |
| 31 | Kinsale | $9,797,028,864 |
| 32 | Globe Life | $9,359,039,488 |
| 33 | Primerica | $9,209,505,792 |
| 34 | Old Republic | $8,666,577,920 |
| 35 | RLI | $7,162,358,784 |
| 36 | Jackson | $6,637,221,376 |
| 37 | First American | $6,233,802,240 |
| 38 | Selective Insurance | $5,529,822,208 |
| 39 | Hanover | $5,503,021,056 |
| 40 | Lincoln Financial | $5,413,500,928 |
| 41 | Other | $73,980,086,936 |
It’s worth noting that prior to the Dec. 2024 killing of CEO Brian Thompson of its largest subsidiary (UnitedHealthcare), UnitedHealth’s valuation was above $500 billion.
As we highlighted in a previous graphic, the company is the world’s eighth largest company by revenue, bringing in $372 billion during its 2024 fiscal year.
UnitedHealth has made several major acquisitions in recent years, with one example being LHC Group, a provider of in-home healthcare services, for $5.4 billion.
Progressive Gains
The second largest company in the U.S. insurance industry is Progressive, which is known for its popular ads featuring “Flo”, a fictional saleswoman.
Rather than health insurance, Progressive focuses on vehicle insurance (personal and commercial).
Shares of Progressive (Ticker: PGR) have climbed 230% over the past five years, significantly outperforming the S&P 500’s return of 81%.
Not all insurance companies are rising, though. Shares of Elevance Health, #4 on this ranking, fell over 20% in 2024 after the company reduced its forward earnings guidance.
If you enjoy graphics like these, check out the Markets section on Voronoi, the new app from Visual Capitalist.
Tyler Durden Tue, 01/14/2025 – 13:25
Source: https://freedombunker.com/2025/01/14/visualizing-americas-1-7-trillion-insurance-industry/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,667,746,666 |
| Stories: | 8,326,366 |
Whistler Blowers, Insiders
